UAE Central Bank announces a balance of AED 1.154 billion …

<img itemprop = "image" src = "https://dotemirates-media.s3-eu-west-1.amazonaws.com/2018/07/34c6e4ebd007e080f9cf8d5e5772879e.jpg" alt = "1.154 billion dirhams The reserves gold from the Central Bank of Egypt in May (AED 1.554 billion) The central bank of the Central Bank of the United Arab Emirates rose to 1.154 billion dirhams late May this year with growth of 3.4% and an increase of 38 million dirhams against 1.116 billion dirhams in the same month of 2017.

According to statistics published today by the Central Bank, the possession of gold recorded a steady growth during the three years After having decided to return to the constitution of reserve reserves for foreign exchange reserves,

Despite the decision of the Central Bank to return to the composition of the balance of gold to from 2015, but its yellow metal stock is not a large part of the total balance currency, which stood at about 326.6 billion dirhams late May

According to the Central Bank's preliminary reading of the composition of the balance of the gold numbers show that the highest level was in March 2018, which stands at 1.172 billion dirhams against 1.152 billion dirhams in December 2017.

In a month in April this year, the value of the central balance of gold 1.169 billion dirhams Extraordinary dirhams very limited compared to the previous month.

It should be noted that the UAE represented by the Central Bank emerged from the World Gold Council's lists of gold reserves in the world's banks, before returning to the list in April 2015 after the Central Bank to recompose gold.

According to the latest data released last May by the World Gold Council, which is responsible for monitoring the gold reserves of central banks around the world, the UAE has 8 tons of gold.